REG - Johnson Service Grp. - 2025 Full Year Trading Update

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RNS Number : 1298P  Johnson Service Group PLC  16 January 2026

 

16 January 2026

TIDM: JSG

Johnson Service Group PLC

('JSG' or 'the Group')

2025 Full Year Trading Update

Resilient sales performance and strong profit growth

 

JSG, a leading textile services provider in the UK and Republic of Ireland
('ROI'), today releases an update on 2025 full year trading.

 

Group revenue for the year ended 31 December 2025 is expected to have
increased by 4.3% to £535.6 million (2024: £513.4 million), with revenue
increasing in HORECA to £390.0 million (2024: £371.2 million) and in
Workwear to £145.6 million (2024: £142.2 million).  On an organic basis,
and in line with the first six months of the year, Group revenue is expected
to have increased by some 1.4% on 2024 levels.

 

Tight cost control and improving efficiencies have resulted in strong year on
year adjusted operating profit growth, in line with current market
expectations, and an improved margin heading towards our stated target for
2026 of at least 14.0%.

 

HORECA trading was resilient in the final months of 2025 and we expect to
report organic revenue growth for the year of 1.0%.  Workwear volumes remain
stable, benefitting from a combination of new installations and customer
retention being maintained at 94%, and we expect to report organic revenue
growth for the year of 2.4%.

 

Net debt (excluding IFRS 16 lease liabilities) at 31 December 2025 was
approximately £112.0 million (31 December 2024: £68.6 million) and includes
the impact of a £54.7 million cash outflow during the year in respect of
share buybacks.  The £25.0 million share buyback programme, which commenced
in September 2025, has now been completed and brings the total amount returned
to Shareholders through buybacks since 2022 to £90.3 million.

 

We have a strong business which, as we have previously demonstrated, is well
placed to benefit from opportunities as they arise.  Accordingly, and
notwithstanding the ongoing uncertain economic outlook, the Board remains
confident in delivering another year of progress in 2026 and we remain on
track towards achieving our targeted margin of at least 14.0% in 2026.

 

Full year results are expected to be announced in early March 2026.

 

 

ENQUIRIES

 Johnson Service Group PLC
 Peter Egan, CEO
 Ryan Govender, CFO
 Tel: 020 3757 4992/4981 (on the day)
 Tel: 01928 704 600 (thereafter)

 Investec Investment Banking           Camarco (Financial PR)
 David Flin                            Ginny Pulbrook
 Virginia Bull                         Letaba Rimell
 William Brinkley
 Tel: 020 7597 5970                    Tel: 020 3757 4992/4981

 

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